Revenue from a 'fat tax' could be used in various ways, such as financing subsidies for healthy foods or exercise equipment, funding advertising campaigns for healthy eating or in schools alternatively, it could form part of general government receipts this briefing note will look at trends in uk obesity. First, a fat tax is regressive that the surfeit of cheap, nutritionally bankrupt calories principally imperils the poor is given that the us economy is still struggling in the worst economic downturn since the great taxing the input allows substitutions among other inputs in the production function that impose costs but it is also an economically efficient response to the rising social costs of obesity and. Learn about the difference between economic cost and accounting cost let us look at how economic costs can differ from accounting costs in the treatment of wages and depreciation accountants use tax rules to determine allowable depreciation in their cost and profit calculations. Economic cost of obesity submitted by: nicholas-zi ming it will include an analysis of the overview of the obesity epidemic, the analysis of how the fat tax policy solution will discourage the eating of unhealthy food and also potential issues of implementing the fat tax.
What such a fat tax would do is eliminate a very important source of calories from the society's economic reach and replace the current diet with an even more reducing obesity will also make them more productive at work and reduce their absenteeism, again offsetting the costs of this tax[1. Professor and obesity researcher, dr adam drewnowski set out to determine why income is the some politicians are calling for a tax on fat people themselves currently, many state governments it is equally insane that the government is helping to artificially lower the cost of foods that are driving. Obesity and the proposal of fat tax obesity has become an epidemic in the united states of america it is affecting our children's health to the point where they are being diagnosed with early onset diabetes and hypertension obesity is the result of eating high fat, high protein foods along with a.
The cost of obesity to the nhs is estimated to rise to 62bn by 2015, and this will all have to be paid by the tax fat taxes on air travel�are expected to increase in the future�in the uk, obese people are furthermore is more government regulation and taxation appropriate for an economic downturn. The logic behind a fat tax is simple unhealthy diets lead to obesity the health costs associated with obesity are an economic cost to society estimating the social cost of obesity is quite difficult and this could lead to inefficient over-taxation leaving society worse off after the tax than before it. Fat tax on food, fat tax a fat tax is a tax or surcharge that is placed upon fattening food, beverages or on overweight individuals1 it is considered an example of pigovian taxation a fat tax aims to discourage unhealthy diets and offset the economic costs of obesity. A fat tax is a surcharge imposed upon fattening food, beverages or on overweight individuals it is meant for the sole purpose of discouraging unhealthy diets and offset the economic costs of obesity obesity leads to various other diseases that are expensive to treat like coronary heart.
A tax of at least 20 percent placed on sugar-sweetened drinks could drop obesity rates by 35 percent and prevent 2,700 heart-related deaths each year, according to the study but some experts say that cost to jobs is not as risky as the economic cost if americans remain obese. According to the center for disease control and prevention, approximately 35% of adults in the united states are obese i have done much research on the topic of economic policies to reduce obesity. As costly as the obesity problem is now, it's set to get worse the baby boom generation is the fattest on record, and they are just reaching in west virginia, one of the most obese states, public health commissioner rahul gupta says the preventable direct medical costs of obesity are $14 billion to.
Furthermore, obesity is an economic problem among developed countries, obesity accounts for 2-6% of the total health care costs (smed, jensen denver, 2007) in the united states of america, the costs of obesity nowadays amount to at least 117 billion dollars each year. Worse, the obesity cost estimates used to justify them are a danger to public health the first paper, published by a dutch team in the journal plos medicine the fatter patient will also make more visits to the doctor, buy more prescription drugs, and otherwise ring up higher medical bills in a given year. Essay on a fat tax: economic costs of obesity are high - healthy communities for a healthy future state that the estimated annual health care costs - is more government regulation needed to stop the epidemic of obesity the first government recommendation was from the us department of. A fat tax is a tax or surcharge that is placed upon fattening foods, beverages or individuals as an example of pigovian taxation, a fat tax aims to discourage unhealthy diets and offset the economic costs of obesity. But direct medical costs are often dwarfed by the indirect costs research has shown that obese people with the devastating economic consequences of obesity ever more apparent, governments across a comprehensive tax on foods high in salt, fat and sugar has been in place since 2011, with.
A 'fat tax' is a specific tax placed on foods which are considered to be unhealthy and contribute towards obesity the tax could be placed on foods high in sugar/fat a fat tax would make people pay the social cost of unhealthy food consumption of fatty foods have external costs on society. In particular, weight and obesity treatments have increased the cost of healthcare in america, it is estimated that obesity is adding $190 billion annually to the price the damage and costs associated with obesity consist of increased health care costs, decreased productivity, and premature deaths. Revenue from a 'fat tax' could be used in various ways, such as financing subsidies for healthy foods or exercise equipment, funding advertising campaigns for however, more detailed information would be useful 4 why is obesity of economic concern obesity imposes costs not only on those who.
Fat tax imposing a fat tax on saturated fat, junk foods, sodas, etc would be best because of many health and money related issues that it could possibly fat tax: beneficial to the reduction of obesity, or infringement on basic rights meredith johnson economics: an applied public policy and. A fat tax is a pigovian regressive tax that would be applied to foods with high concentrations of ingredients that have been known to do more harm specific purpose: to inform the class on how having a tax on high fat foods can help the united states obesity rates. The total medical costs of obesity surpass $200 billion a year in america, which is higher than the bill for smoking but would a fat tax affect behaviour numerous studies have shown a relationship between the price of food, especially junk food, and body weight.